1998 031 Ordinance - Laserfiche WebLink

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defined), and the results of a special tax search. (c) Purchaser agrees to accept title to the Premises subject only to real estate taxes and assessments, both general and special, which are a lien, but not due and payable on the Closing Date and zoning (the "Permitted Exceptions"). In the event the Commitment and/or Survey disclose any matter affecting title to the Premises other than the Permitted Exceptions, Purchaser shall notify Seller of the title matters which Purchaser approves and the title matters to which Purchaser objects within thirty (30) days after receipt by Purchaser of both the Commitment and the Survey, and, except as otherwise provided in Section 3(d) Seller shall remove any such matters objected to by Purchaser, at Seller's expense, within .thirty (30) days after Purchaser notifies Seller of such title matters. If Purchaser fails to notify Seller of its objection to, or approval of, any such title matters, Purchaser shall be deemed to have accepted all title matters set forth in the Commitment, except for the Permitted Exceptions. (d) In the event that despite the use of Seller's best efforts Seller can not or does not remove any such title matters objected to by Purchaser within said thirty (30) days, Purchaser shall have the right to elect either: (i) to waive such title matter(s), proceed to close this transaction and accept title to the Premises subject to such title matter(s); or (ii) to terminate this Agreement by giving written notice of termination to Seller and this Agreement shall thereafter be of no further force or effect. 4. TITLE TO PREMISES. Seller shall convey good and marketable indefeasible fee simple title to the Premises to Purchaser subject only to the Permitted Exceptions and such other title matters approved by Purchaser in writing by general warranty deed (the "Deed"). The Deed shall be in a form and substance satisfactory to Purchaser and contain the legal description of the Premises described in the Survey. The Permitted Exceptions and the title matters approved by Purchaser shall be specifically, not categorically excepted from the warranties of title in the Deed. 5. ~iCCESS TO 1~ND CONDITION OF PROPERTH. Purchaser, its agents, contractors and engineers shall have the right to enter upon the Premises for the purpose of inspecting the physical condition of the Premises, to determine the suitability of the Premises for Purchaser's intended uses thereof, such as the existence and adequacy of all utilities serving the Premises, compliance with laws and soil conditions. Notwithstanding any language to the contrary contained herein, Purchaser agrees to repair any and all damage to the Premises caused by Purchaser's inspection thereof and